FAQs

Purpose: The ABP outlines GMB Water priorities, projects and budget for the financial year. It translates the long-term goals into short-term actions.

Function: It details how the budget will be allocated, what services will be provided, and how performance will be measured over the year.

Connection: It operationalises the goals from the LTFP and the SAMP, ensuring that annual spending and project delivery align with long-term priorities and asset needs.

Purpose: The LTFP provides a 10-year financial outlook, forecasting income, expenses, capital investments, and debt levels. It plays a vital role in delivering the objectives of the Community Plan 2044, GMB Water Strategy and Corporate Plan.

Function: It ensure financial sustainability by planning for future funding needs, economic conditions, and community expectations. It is updated each year in parallel with GMB Water’s annual budgeting and business planning processes.

Connection: It informs the ABP by showing what is financially achievable, and it incorporates costs from the SAMP, such as asset maintenance, renewal, and replacement.

Purpose: SAMP outline how GBM Water will manage its infrastructure and physical assets over their lifecycle.

Function: It identifies asset condition, required maintenance, renewal schedules, and associated costs to support ongoing service delivery.

Connection: This plan feed into the LTFP by providing long-term cost estimates and investment needs. The ABP reflects the annual activities and funding commitments for asset management.